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PHELPS ENERGY AND RESOURCES 2, LLC

Company Details

Name: PHELPS ENERGY AND RESOURCES 2, LLC
Legal type: Kentucky Limited Liability Company
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 29 Oct 2014 (10 years ago)
Organization Date: 29 Oct 2014 (10 years ago)
Last Annual Report: 03 Mar 2025 (11 days ago)
Managed By: Members
Organization Number: 0900939
Industry: Bituminous Coal and Lignite Mining
Number of Employees: Small (0-19)
ZIP code: 41845
City: Premium
Primary County: Letcher County
Principal Office: 888 HOLLYBUSH BRANCH ROAD, PREMIUM, KY 41845
Place of Formation: KENTUCKY

Registered Agent

Name Role
JOSHUA NICHOLS Registered Agent

Member

Name Role
Michelle lynn Banks Member
Joshua H Nichols Member

Organizer

Name Role
Jairus Hall Organizer

Former Company Names

Name Action
Phelps Energy And Resources, LLC Old Name

Filings

Name File Date
Annual Report 2025-03-03
Annual Report 2024-04-01
Amendment 2023-12-19
Annual Report Amendment 2023-11-09
Annual Report 2023-03-20
Annual Report Amendment 2022-06-29
Annual Report 2022-05-04
Principal Office Address Change 2022-04-26
Registered Agent name/address change 2022-04-26
Annual Report 2021-05-24

Mines

Mine Name Type Status Primary Sic
Auger 84 Surface Active Coal (Bituminous)
Directions to Mine From Hazard Field Office turn Right onto KY-15 S for 1.3 miles. Continue on KY-15 S for 26 miles. Turn Right onto KY 160 N for 0.5 miles. Turn Right onto Hollybush Branch Road/Mine Access Road.

Parties

Name MJK Mining Inc.
Role Operator
Start Date 2014-02-10
End Date 2022-05-22
Name Phelps Energy and Resources 2, LLC
Role Operator
Start Date 2022-05-23
Name Michelle L Banks
Role Current Controller
Start Date 2022-05-23
Name Phelps Energy and Resources 2, LLC
Role Current Operator

Inspections

Start Date 2024-12-02
End Date 2024-12-18
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 43
Start Date 2024-06-18
End Date 2024-08-02
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 8.75
Start Date 2024-01-18
End Date 2024-02-23
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 6.25
Start Date 2023-06-07
End Date 2023-07-05
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 32
Start Date 2023-01-03
End Date 2023-01-19
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 9.5
Start Date 2022-05-26
End Date 2022-08-26
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 51.75
Start Date 2019-12-19
End Date 2019-12-19
Activity Mine Idle Activity
Number Inspectors 1
Total Hours 5.5
Start Date 2019-05-20
End Date 2019-05-20
Activity Mine Idle Activity
Number Inspectors 1
Total Hours 2.5
Start Date 2018-10-29
End Date 2018-10-29
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 4.5
Start Date 2018-06-25
End Date 2018-08-16
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 6
Start Date 2017-10-19
End Date 2017-10-19
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 4.25
Start Date 2017-08-10
End Date 2017-08-25
Activity Spot Inspection
Number Inspectors 1
Total Hours 20.5
Start Date 2017-04-20
End Date 2017-07-12
Activity Regular Safety and Health Inspection
Number Inspectors 3
Total Hours 20
Start Date 2017-04-07
End Date 2017-07-05
Activity Special Emphasis Programs
Number Inspectors 1
Total Hours 3
Start Date 2017-03-21
End Date 2017-03-22
Activity Spot Inspection
Number Inspectors 1
Total Hours 8
Start Date 2016-12-23
End Date 2017-02-28
Activity Spot Inspection
Number Inspectors 2
Total Hours 16
Start Date 2016-11-30
End Date 2016-12-19
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 33.5
Start Date 2014-04-04
End Date 2014-09-15
Activity Regular Safety and Health Inspection
Number Inspectors 3
Total Hours 16

Productions

Sub-Unit Desc AUGER
Year 2024
Annual Hours 0
Annual Coal Prod 0
Avg. Annual Empl. 0
Avg. Employee Hours 0
Sub-Unit Desc AUGER
Year 2017
Annual Hours 175
Annual Coal Prod 700
Avg. Annual Empl. 2
Avg. Employee Hours 88
Sub-Unit Desc AUGER
Year 2016
Annual Hours 600
Annual Coal Prod 1950
Avg. Annual Empl. 2
Avg. Employee Hours 300
Sub-Unit Desc AUGER
Year 2015
Annual Hours 260
Annual Coal Prod 620
Avg. Annual Empl. 2
Avg. Employee Hours 130
Sub-Unit Desc AUGER
Year 2014
Annual Hours 380
Annual Coal Prod 1874
Avg. Annual Empl. 2
Avg. Employee Hours 190
No. 4 Surface Active Coal (Bituminous)
Directions to Mine From Hazard Field Office turn Right onto KY-15 S for 1.3 miles. Continue onto KY-15 S for 26 miles. Turn Right onto KY 160 N for 0.5 miles. Turn Right onto Hollybush Branch Road/Mine Access Road.

Parties

Name MJK Mining Inc.
Role Operator
Start Date 2014-11-10
End Date 2020-02-12
Name Phelps Energy and Resources 2 LLC
Role Operator
Start Date 2020-02-13
Name Michelle L Banks
Role Current Controller
Start Date 2020-02-13
Name Phelps Energy and Resources 2 LLC
Role Current Operator

Accidents

Accident Date 2024-08-29
Degree Inhury DAYS AWAY FROM WORK ONLY
Accident Type Struck by... NEC
Ocupation Maintenance man, Mechanic, Repair/Serviceman, Boilermaker, Fueler, Tire tech, Field service tech
Narrative Employee was pulling grease hose out of lube truck when grease hose blew out in left hand and causing lacerations on four fingers and filling with grease

Inspections

Start Date 2024-06-17
End Date 2024-06-17
Activity Special Emphasis Programs
Number Inspectors 1
Total Hours 1
Start Date 2024-06-12
End Date 2024-08-19
Activity Regular Safety and Health Inspection
Number Inspectors 5
Total Hours 111
Start Date 2024-02-14
End Date 2024-02-14
Activity Verbal Hazard Complaint Inspections
Number Inspectors 1
Total Hours 4
Start Date 2024-01-12
End Date 2024-02-23
Activity Regular Safety and Health Inspection
Number Inspectors 2
Total Hours 101.5
Start Date 2023-07-12
End Date 2023-08-14
Activity Health Technical Investigation
Number Inspectors 1
Total Hours 7.5
Start Date 2023-05-23
End Date 2023-07-05
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 58
Start Date 2022-12-13
End Date 2023-01-31
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 51
Start Date 2022-12-13
End Date 2022-12-15
Activity Verbal Hazard Complaint Inspections
Number Inspectors 1
Total Hours 7.5
Start Date 2022-05-09
End Date 2022-07-15
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 75
Start Date 2021-12-27
End Date 2022-03-08
Activity Regular Safety and Health Inspection
Number Inspectors 2
Total Hours 68
Start Date 2021-07-21
End Date 2021-09-27
Activity Regular Safety and Health Inspection
Number Inspectors 7
Total Hours 104.5
Start Date 2021-01-11
End Date 2021-03-21
Activity Regular Safety and Health Inspection
Number Inspectors 6
Total Hours 110
Start Date 2020-09-15
End Date 2020-09-18
Activity Verbal Hazard Complaint Inspections
Number Inspectors 2
Total Hours 31.5
Start Date 2020-04-28
End Date 2020-09-02
Activity Regular Safety and Health Inspection
Number Inspectors 3
Total Hours 292.75
Start Date 2020-03-18
End Date 2020-03-18
Activity Spot Inspection
Number Inspectors 1
Total Hours 6.5
Start Date 2020-03-12
End Date 2020-03-12
Activity Spot Inspection
Number Inspectors 1
Total Hours 8
Start Date 2020-02-05
End Date 2020-02-05
Activity Spot Inspection
Number Inspectors 2
Total Hours 18
Start Date 2020-01-10
End Date 2020-01-10
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 8
Start Date 2019-09-04
End Date 2019-09-16
Activity Regular Safety and Health Inspection
Number Inspectors 1
Total Hours 8
Start Date 2018-12-17
End Date 2019-01-16
Activity Regular Safety and Health Inspection
Number Inspectors 4
Total Hours 30.75

Productions

Sub-Unit Desc AUGER
Year 2024
Annual Hours 27910
Annual Coal Prod 8141
Avg. Annual Empl. 20
Avg. Employee Hours 1396
Sub-Unit Desc AUGER
Year 2023
Annual Hours 36680
Annual Coal Prod 35632
Avg. Annual Empl. 18
Avg. Employee Hours 2038
Sub-Unit Desc AUGER
Year 2022
Annual Hours 9360
Annual Coal Prod 9380
Avg. Annual Empl. 18
Avg. Employee Hours 520
Sub-Unit Desc AUGER
Year 2021
Annual Hours 6005
Annual Coal Prod 11437
Avg. Annual Empl. 4
Avg. Employee Hours 1501
Sub-Unit Desc OFFICE WORKERS AT MINE SITE
Year 2021
Annual Hours 520
Annual Coal Prod 0
Avg. Annual Empl. 1
Avg. Employee Hours 520
Sub-Unit Desc AUGER
Year 2020
Annual Hours 4250
Annual Coal Prod 2407
Avg. Annual Empl. 4
Avg. Employee Hours 1063
Sub-Unit Desc AUGER
Year 2017
Annual Hours 3020
Annual Coal Prod 14135
Avg. Annual Empl. 4
Avg. Employee Hours 755
Sub-Unit Desc AUGER
Year 2016
Annual Hours 3370
Annual Coal Prod 7330
Avg. Annual Empl. 4
Avg. Employee Hours 843
Sub-Unit Desc AUGER
Year 2015
Annual Hours 9461
Annual Coal Prod 35781
Avg. Annual Empl. 7
Avg. Employee Hours 1352

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9749447000 2020-04-09 0457 PPP 155 MCCOY CANEY RD, PHELPS, KY, 41553-8471
Loan Status Date 2021-04-17
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 94100
Loan Approval Amount (current) 94100
Undisbursed Amount 0
Franchise Name -
Lender Location ID 27783
Servicing Lender Name Community Trust Bank, Inc.
Servicing Lender Address 346 N Mayo Trl, PIKEVILLE, KY, 41501-1847
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address PHELPS, PIKE, KY, 41553-8471
Project Congressional District KY-05
Number of Employees 8
NAICS code 212112
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 27783
Originating Lender Name Community Trust Bank, Inc.
Originating Lender Address PIKEVILLE, KY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 94873.42
Forgiveness Paid Date 2021-02-10
7239078309 2021-01-28 0457 PPS 155 McCoy Caney Rd, Phelps, KY, 41553-8471
Loan Status Date 2022-03-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 51200
Loan Approval Amount (current) 51200
Undisbursed Amount 0
Franchise Name -
Lender Location ID 27783
Servicing Lender Name Community Trust Bank, Inc.
Servicing Lender Address 346 N Mayo Trl, PIKEVILLE, KY, 41501-1847
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Phelps, PIKE, KY, 41553-8471
Project Congressional District KY-05
Number of Employees 6
NAICS code 212111
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 27783
Originating Lender Name Community Trust Bank, Inc.
Originating Lender Address PIKEVILLE, KY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 51717.61
Forgiveness Paid Date 2022-02-03

Sources: Kentucky Secretary of State